Is Crypto Sanctions Screening Becoming a Shared Network Layer?
The sanctions screening framework for crypto assets is undergoing a structural transition. What operated for years as a set of isolated controls implemented by each exchange
OFAC (Latest Publications)
Iran’s Crypto-Funded Hormuz Shipping Scheme Hit by OFAC
TL:DR: The Office of Foreign Assets Control (OFAC) sanctioned Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority for operating a maritime insurance scheme linked
OFAC Freezes $130M in Iran-Linked Wallets
Treasury Secretary Scott Bessent said July 14 that Treasury’s Office of Foreign Assets Control sanctioned multiple digital-asset wallets tied to the Central Bank of Iran, resulting
OFAC Sanctions 134 Crypto Wallets Linked to ISIS-K in a New Counterterror Push
TL;DR: OFAC sanctioned 134 crypto wallet addresses tied to ISIS-K, adding them to the Specially Designated Nationals list as counterterror enforcement follows digital asset flows. Tether
OFAC Targets Sinaloa Cartel Cash-to-Crypto Network
TL;DR: U.S. authorities targeted a Sinaloa Cartel-linked cash-to-crypto laundering network accused of moving fentanyl proceeds through cryptocurrency. The network allegedly converted U.S. street-level drug cash into
Tether Confirms $344M USDT Freeze in Major OFAC‑Linked Enforcement Action
TL;DR: Tether froze over $344 million in USDT across two addresses on the Tron network, in coordination with OFAC and U.S. law enforcement agencies. The wallets
OFAC Sanctions DPRK IT Facilitators in $800M Scheme
The U.S. Department of the Treasury said that OFAC sanctioned six individuals and two entities tied to North Korea’s overseas IT worker schemes, which Treasury said
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